The Chaotic State of the Airline Industry
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The analysis focuses on the extent of the extreme range of profitable vs. unprofitable airlines. The paper posits that jet fuel volatility in price and other measurements of financial risk must be a factor within an overall analysis, but notes that it must include more that this, because there are but a few airlines that are consistently profitable, and they are subject to the same factors as all the other airlines.
From the Paper:"The airline industry plays an important role in a country's economy. In fact according to "The National Commission to Ensure a Strong Competitive Airline Industry;" a Report to the President and Congress, dated August 1993; the air transportation system has become essential to the economic progress for the citizens and businesses of [the United States]." (Baliles, 1993). Clearly the same could be said of any country of the world. Air travel facilitates economic growth, world trade, international..."
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The Chaotic State of the Airline Industry (2006, December 01) Retrieved September 28, 2022, from https://www.academon.com/analytical-essay/the-chaotic-state-of-the-airline-industry-142030/
"The Chaotic State of the Airline Industry" 01 December 2006. Web. 28 September. 2022. <https://www.academon.com/analytical-essay/the-chaotic-state-of-the-airline-industry-142030/>